Cabral Gold (TSXV:CBR) - 87 g/t Gold over 9.5m & Mining Permit Granted

Cabral Gold (TSXV:CBR) - 87 g/t Gold over 9.5m & Mining Permit Granted

Author: Crux Investor March 16, 2026 Duration: 25:37

Interview with Alan Carter, President & CEO of Cabral Gold Inc.

Our previous interview: https://www.cruxinvestor.com/posts/cabral-gold-tsxvcbr-advancing-towards-q4-2026-production-8738

Recording date: 13th March 2026

Cabral Gold (TSXV:CBR) is developing a district-scale gold project in northern Brazil's Tapajós region through a strategic two-stage approach designed to fund exploration from operational cash flow rather than shareholder dilution. The company's Phase 1 heap leach operation, currently 54% complete with a capital cost of $37.7 million, targets gold production in the fourth quarter of 2026.

President and CEO Alan Carter emphasizes the project's economic advantages, with all-in production costs expected near $1,000 per ounce. At current gold prices above $5,000 per ounce, the modest 25,000-ounce annual production from Phase 1 should generate approximately $100 million in pre-tax cash flow—funding that will support aggressive district exploration without requiring additional equity raises.

The project benefits from unique geological characteristics, featuring 60 to 70 meters of weathered oxide material that requires no drilling, blasting, or conventional milling. This free-digging saprolite needs only cement addition for processing, dramatically reducing both capital and operating costs compared to traditional hard rock mining.

Recent developments have catalyzed investor interest. On March 10, 2026, Cabral secured the LP (preliminary mining license), representing Brazil's most critical permitting milestone after a process initiated in 2018. Two days later, the company announced exceptional drill results from the Jerimum Cima discovery: 9.5 meters at 87.4 grams per ton gold, including 2.9 meters at 285 grams per ton.

Jerimum Cima represents one of four new discoveries since 2022, expanding the deposit count from three to at least six within the district. The company's current 1.2 million ounce resource awaits updating later in 2026, while 50 additional untested targets remain across a 7-kilometer soil anomaly—seven times larger than nearby Tocantinzinho, Brazil's third-largest open-pit gold mine.

Carter notes the district's historical context: during the 1980s Tapajós gold rush, approximately 2 million ounces were extracted from placer workings at Cuiú Cuiú, with "the vast majority of that placer gold" remaining unexplained by current hard-rock discoveries.

View Cabral Gold's company profile: https://www.cruxinvestor.com/companies/cabral-gold

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Navigating the volatile world of junior mining investments requires more than just data-it demands clear, unvarnished conversation. That’s the space occupied by Company Interviews from Crux Investor. Here, hosts Matthew Gordon and Merlin Marr-Johnson engage directly with company executives, moving past promotional talk to uncover the tangible details that matter. Their discussions focus on the operational realities, financial health, and strategic decisions that signal a company’s genuine potential, rather than speculative hype. This podcast strips away the industry’s complex jargon and inherent biases, offering listeners a grounded perspective on where true opportunity might lie. For anyone interested in the fundamentals behind mining ventures, these conversations provide a crucial filter. Each episode is a deep dive into a specific company’s story, examining the key factors that could indicate a strong footing for future growth. It’s a resource for building understanding, not just a list of tips. By focusing on substantive dialogue, the series aims to equip its audience with the insight needed to make more informed decisions in a notoriously challenging sector. Tune in for direct, no-nonsense interviews that cut through the bluster.
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